# How often does Lighter pay funding?

**Lighter pays funding 1h (most common market setting: 1h).**

As of 2026-10-10 15:07 UTC. Source: https://perpspec.com/answers/lighter-funding-interval

Formula: 1h TWAP of premium sampled at a random second each minute; small clamp ±0.05% toward interest; /8. Positive funding means longs pay shorts. Because exchanges pay every 1, 4 or 8 hours, compare annualized rates, not raw ones.

| asset | market | funding-interval |
|---|---|---|
| BTC | BTC | 1h |
| DOGE | DOGE | 1h |
| ETH | ETH | 1h |
| SOL | SOL | 1h |
| XRP | XRP | 1h |